PH2 - 55 Blue Springs Drive
Waterloo, ON
- 2 bed
- 2 bath
- approx. 1000-1199 sqft
- Condo Apartment
- 82 days on market
Experience sophisticated penthouse living in the heart of Waterloo. This stunning two-bedroom, two-bathroom residence features a stylish carpet-free interior and dramatic floor-to-ceiling windows that flood the space with natural light while showcasing sweeping views of lush green space and the city skyline. Thoughtfully updated with a new furnace and air conditioner (2021), this home offers both comfort and peace of mind. Enjoy an exceptional lifestyle with exclusive access to premium amenities, including a penthouse rooftop terrace, penthouse lounge, party room, workshop, and private library. Complete with covered parking (second parking space available), a storage locker, and ample visitor parking, this beautifully maintained residence offers the perfect blend of luxury, convenience, and low-maintenance living in one of Waterloo's most sought-after locations. Come see this fantastic Penthouse! Sellers are motivated!
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Listing Details
- Taxes (2025)
- $2,895
- Originally Listed
- $447,500
- Listed
- June 30, 2026
Price History
Listing history
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Property
- Style
- Multi-Level
- Construction
- Brick
- Interior
- Carpet Free, Storage Area Lockers
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- King St N
- Parcel Number
- 231870424
- Possession
- Flexible
- Occupancy
- Owner
Condo
- Maintenance Fee
- $709/month
- Fee Includes
- Water Included, Building Insurance Included, Parking Included, Common Elements Included
- Pets
- No
- Locker
- Exclusive
- Balcony
- None
Included
- Inclusions
- Fridge (2021), Stove (2021), Dishwasher, Washer (2024), Dryer
- Exclusions
- Stand up freezer in kitchen, mirror in living room
Schools
Secondary
- St David Catholic Secondary School0.6 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute1.1 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- Bluevale Collegiate Institute2.4 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Winston Churchill Public School0.9 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- ÉÉC Mère-Élisabeth-Bruyère1.2 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
- KidsAbility School1.2 km
Hospital · KidsAbility E A · 90 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,029
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,029 recorded sales of residential condo & other properties in Waterloo over the last 12 months.
Listed by
M1 Real Estate Brokerage Ltd
Walk Score
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Location
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Mortgage Calculator
$88,500
Estimated Monthly Payment
$2,174
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,174/mo (20% down, 5.5%)
Taxes: $241/mo · Insurance: $111/mo
Maint: $709/mo
Estimates only. Consult a financial advisor.
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